IT stocks news: Infosys makes a big announcement just before the buyback, 10-year deal with a foreign company

News Topical, Digital Desk : Infosys, a global leader in digital services and consulting, has announced a 10-year strategic partnership with HanesBrands Inc, a global leader in everyday iconic apparel. In this collaboration, Infosys will serve as a strategic partner for HanesBrands across its digital, business applications and data landscape. The company will leverage its AI-first platforms to drive innovation, efficiency and efficiency across HanesBrands' IT infrastructure.

Infosys will integrate its proprietary Live Enterprise Automation Platform (LEAP) with Infosys Topaz. This initiative will help HanesBrands modernize its core operations, increase mobility, simplify the IT landscape and deliver more value from data assets by using the power of generative AI and AIOps technologies.

The company said that this partnership is a vision to improve innovation and operations. By adopting AI-first technologies, intelligent automation and AIOps, HanesBrands is in a position to achieve hyper productivity, reduce operational complexities and accelerate its digital transformation process. 

What did the management of HanesBrands say? Scott Plemin, Chief Strategy, Transformation, Analytics and Technology Officer, HanesBrands, said, "We are evolving our operational model and for this we needed an experienced partner with deep domain expertise and AI-driven transformation capabilities. 

What did Infosys management say? Karmesh Vaswani, EVP and Global Head, Consumer, Retail and Logistics, Infosys, said, "We are honored to support HanesBrands towards a future-ready enterprise. With a shared commitment to innovation, we aim to unlock significant business value and improve customer experience using Infosys Topaz AI and AIOps capabilities, which are now further strengthened with LEAP." Infosys' strong transformation capabilities and proven track record in the retail sector strengthen this collaboration. 

Read More: This stock is in trouble, after rising 3000% in one day, 70% of the capital was lost in just 3 days